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Astro Resources NL ( (AU:ASE) ) just unveiled an update.
Astute Metals NL has commenced a Reverse Circulation (RC) drilling campaign at its Needles Gold-Silver Project in Nevada, targeting six high-priority vein-style gold-silver targets. This initiative marks a significant phase of activity for the company, aiming to explore under-explored high-grade prospects in a historically rich mining area. The drilling is expected to conclude within two weeks, after which the rig will be moved to the Red Mountain Lithium Project to prepare for a maiden Mineral Resource Estimate by the year’s end. This strategic move is anticipated to enhance Astute’s positioning in the gold and silver mining industry, potentially leading to new discoveries and strengthening its market presence.
More about Astro Resources NL
Astute Metals NL is a company engaged in the exploration and development of mineral resources, focusing primarily on gold and silver projects. The company is actively involved in the Needles Gold Project in Nevada, USA, and is also planning to advance its Red Mountain Lithium Project.
Average Trading Volume: 1,593,844
Technical Sentiment Signal: Sell
Current Market Cap: A$10.66M
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